By Patrice Gaines Urban News Service Leah Chase recalls a time when she couldn’t get a loan from a white-owned bank to expand her now-legendary New Orleans restaurant. “I remember my husband going to a bank we used for years,” said Chase, 93. “When we went to get a loan, we couldn’t … This was […]

(Part 1 of a Two-Part Series) By Patrice Gaines Urban News Service America has half as many black-owned banks as existed 15 years ago. “People assume [black bankers] don’t know what they are doing,” said Alden McDonald, CEO of New Orleans-based Liberty Bank and Trust. “Put yourself in these shoes: We are located in communities […]